LC 4312 Legislature · 2025 Regular Session

Transfer a portion of ending fund balance into the coal trust fund

This bill requires Montana to transfer 10% of excess state general fund revenue to the Montana Coal Severance Tax Permanent Fund after other specified budget transfers are completed. It modifies existing budget rules by directing this specific portion of unspent funds - calculated as 10% of amounts exceeding established reserve levels - to the coal tax fund, rather than other designated accounts. The transfer applies to funds remaining after the state meets its operating reserve level and other required transfers to the budget stabilization fund and capital projects account. This policy change affects how Montana manages its state budget surplus, specifically directing a portion of excess revenue toward the coal severance fund established under state law.
Bill status introduced 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 15, 2025 Last action Jan 15, 2025
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